Every 10-Q that Ascent Industries Co. (ACNT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow ACNT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ACNT filings page.
Ascent Industries Co. reported higher sales but mixed profitability for the quarter ended June 30, 2026. Net sales from continuing operations were $25,667 (in thousands), up from $18,652, driven by higher volumes and pricing. Gross profit rose to $5,548, though the gross margin percentage declined. Continuing operations generated net income of $670 versus a prior-year loss, while for the first six months the company posted a net loss of $1,310 on net sales of $45,083.
On May 4, 2026 Ascent acquired substantially all assets of Midwest Graphic Sales, Inc. and Sigma Coating, Inc. for approximately $13.5 million in cash, recognizing $4,735 (in thousands) of goodwill and $7,665 of intangible assets. Midwest contributed $1.9 million of net sales and no net income through June 30. Cash and cash equivalents declined to $28,069 from $57,606 at year-end, primarily due to the acquisition, higher capital spending and share repurchases, though the company had no borrowings under its $30 million revolving credit facility and reported a current ratio of 4.3.
Ascent repurchased 505,563 shares in the first half of 2026 for $6,849,961, leaving 1,492,941 shares available under its authorization. Operations related to the Bristol Metals and American Stainless Tubing businesses remain classified as discontinued for prior periods and contributed no 2026 results. Management disclosed that material weaknesses in IT general controls persist, so disclosure controls and procedures were not effective as of June 30, 2026.
Ascent Industries Co. reported first-quarter 2026 net sales of $19.4 million, up 8.9% from a year earlier, driven by higher volumes and modest price increases. Gross profit was $2.8 million, or 14.5% of sales, down from 17.2% as manufacturing variances and cost recovery timing weighed on margins.
The company posted a net loss from continuing operations of $1.98 million, slightly better than the $2.18 million loss a year ago, and negative Adjusted EBITDA of $0.96 million. Cash and cash equivalents were $47.8 million with no borrowings on its $30 million credit facility and $14.2 million of remaining availability, supporting liquidity despite $5.4 million of operating cash outflow.
Ascent continued returning capital to shareholders, repurchasing 295,695 shares for about $3.9 million in the quarter under its 2.0 million-share authorization. After quarter-end it acquired Midwest Graphic Sales and Sigma Coatings assets for $14.0 million in cash to expand its specialty coatings presence. Management also reaffirmed that previously identified material weaknesses in IT-related internal controls have not yet been remediated.
Ascent Industries (ACNT) filed its Q3 2025 10-Q, marking its first quarter as a pure-play specialty chemicals company after divesting BRISMET and ASTI. Net sales were $19.7 million, down 5.7% year over year, but gross profit rose to $5.8 million with margins at 29.7% versus 14.4% a year ago. Operating loss narrowed to $0.8 million. Loss from continuing operations was $125 thousand, with a total net loss of $2.1 million after a $2.0 million loss from discontinued operations.
For the nine months, sales were $56.2 million and gross profit reached $13.8 million (24.5% of sales). Net income was $1.9 million, reflecting gains from asset sales. Cash rose to $58.0 million, with no borrowings on the credit facility and $13.7 million of remaining availability. The company repurchased 725,775 shares year‑to‑date for $8.9 million; 9,364,814 shares were outstanding as of October 31, 2025. Management reported disclosure controls and procedures were not effective due to previously reported material weaknesses in internal control over financial reporting.